escalator clause provision in a contract allowing cost increases to be passed on. In an employment contract, an escalator clause might call for wage increases to keep employee earnings in line with inflation.
ESCALATOR CLAUSE - a provision of an agreement that provides for automatic adjustments in payments base... ESCAPE CLAUSE - 1. A contract provision relieving a party of liability for failure to perform, as where...
Escalator clause. A clause in a contract providing for increases in costs such as labor expenses and materials.
Escape Clause ...
Inflation-escalator clause A clause in a contract providing for increases or decreases in inflation based on fluctuations in the cost of living, production costs, and so forth. Inflation risk ...
A term used in sales contracts when market prices are so volatile that a vendor will not give a firm price or use an escalator clause but will only agree to charge the price charged other customers for similar purchases on the day he ships or ...
Provision in a contract allowing cost increases to be passed on. In an employment contract, for example an escalator clause may call for wage increases in line with inflation. Escheat ...
escalator clause A provision of a contract which calls for an increase in price in the event... escheatment The process of turning over unclaimed or abandoned property to a state authority,...
See also: Expense, Funding, Banks, Term structure, Eurobond
 
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